Net income in 1998 increased 50.1 percent to $1,501,179 or $0.35 per diluted share, compared to$1,000,064 or $0.23 per diluted share in 1997. Fourth-quarter earnings increased 62.5 percent to$583,109 or $0.13 per diluted share, compared to $358,819 or $0.08 per diluted share in the sameperiod in 1997.

Chairman and CEO Brian B. Obie attributed much of the company's growth to the addition of transitadvertising markets resulting from the acquisition of P & C Media, and strong sales after start-up inBritish Columbia. ``In 1998 our company grew significantly, increasing our market coverage,expanding our product offerings and enhancing our profitability,' said Mr. Obie. ``Our new transitadvertising markets on the East Coast, as well as our operations in Canada, are showing theirstrength. They contributed to impressive fourth-quarter results and a very strong year overall.'

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.

Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.